BlackRock launches active short-term money market ETF

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The story "BlackRock launches active short-term money market ETF" was covered 2 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 2w ago

BlackRock launches active short-term money market ETF - Financial Times

Quick Summary:

The ETF has a total expense ratio of 0.1 per cent and will be listed on the Xetra segment of Frankfurt’s stock exchange.

The product “enables individual investors, such as those using a digital investment platform, to access income using high credit quality securities with no minimum holding periods from as little as €1”.

BlackRock has rolled out an actively managed short-term money market exchange traded fund.